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Mysore Petro Chem balance sheet is weak and might have solvency issues
Yes, The debt of Mysore Petro Chem is increasing.
Latest debt of Mysore Petro Chem is -₹3.42 Crs as of Sep-24.
This is greater than Mar-24 when it was -₹12.09 Crs.
No, profit is decreasing.
The profit of Mysore Petro Chem is -₹14.87 Crs for TTM, ₹7.47 Crs for Mar 2024 and ₹20.72 Crs for Mar 2023.
The company seems to be paying a very low dividend.
Investors need to see where the company is allocating its profits.
Mysore Petro Chem latest dividend payout ratio is 22.03% and 3yr average dividend payout ratio is 11.67%
Companies resources are majorly tied in miscellaneous assets